Political Quotes

“this is my amendment that is going to be voted on here by agreement. It is pretty straightforward. The Federal Thrift Savings Plan is the largest defined contribution plan in the world. It has 22 China-only funds. Every single one of them has money going towards companies that are sanctioned, that are on the Entity List--companies that are responsible for the human rights violations against Uighurs; companies that our own government has said are helping the Chinese build their military--Chinese-sponsored companies. And so this amendment, basically, is geared towards that. It tells the TSP-- the Thrift Savings Plan--board that they can no longer invest your money--the money of Members of Congress, members of the military, Federal employees. Federal employee retirement money is being invested in companies that are undermining American national security according to our own government. We are investing in those. Think about the irony. You are a member of the military and your retirement money is being invested in companies that are building missiles designed to blow up the ship that you serve on. So if we are serious about this, we need to cut this off. This is not a ban on Chinese investment.…”